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Let's estimate the same model using the following logistic regression model (1-3: 2 points each, 4: 5 points) Model1: L=log ( Pi 1Pi )=b 0
Let's estimate the same model using the following logistic regression model (1-3: 2 points each, 4: 5 points) Model1: L=log ( Pi 1Pi )=b 0 b 1 X i ei where Yi = 1 : married, = 0 : not married (married) Xi = the annual income from wage and salary in $10000 (incom
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Microeconomics
Authors: Robert Pindyck, Daniel Rubinfeld
8th edition
978-0132870436, 132870436, 013285712X, 978-0133371178, 133371174, 978-0132857123
